American Healthcare Capital is pleased to introduce a CHAP Accredited, Medicare Certified Home Health agency located in Cleveland, Ohio. The company has been in business since 2005. They provide the full scope of home health services, including skilled nursing and physical therapy. Their service area covers a 5 county region and spans a 50 mile radius in and around the Cleveland area.
The company’s payer breakdown is 100% Medicare. In 2017, the company generated $2.4 Million in gross revenue with an adjusted EBITDA of $296,200. Based on the first half of the year, the company is on pace to reach $2.5 Million in gross revenue with an adjusted EBITDA margin comparable to 2017. Their current census is 112 patients.
The sellers will stay on during a transitional period as needed. The asking price for this opportunity is $950,000.
If you would like to learn more, please contact us for a Confidentiality Agreement that will allow us to share more detailed information with you.